Re: IBG YBG WBG

From: Horseless
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Date: 24 Jan 2007
Time: 16:26:19

Comments

Yes, that is a very good article. Mark brings up an interesting point about aligning employee interests with those of the shareholders. However, the IBG/YBG may operate at that level also. Lots of shareholders only own for a short period of time, so they are gone also. If a shareholder is unhappy with an equity, generally they sell because they have too small of a percent holding to impact management. An Enron or WorldCom shareholder may have benefited greatly by the questionable management as long as they were "gone" at the correct time.

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